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Dec 28, 2012
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. >>> fiscal cliff could affect the price of your breakfast in just a few days. i'll explain, coming up. >> first america's money report. >>> good morning. sales of new homes jumped 4.4% last month. new home sales up more than 15% over the past year. ford will spend more than 3/4 of a billion dollars to expand a plant in michigan creating more than 2300 jobs part of ford's promise to invest 6.2 billion dollars in u.s. plans and create 12,000 jobs by 2015. biggest movie flop of 2010 -- 2012, playback, grossed 264, meaning two dozen bought >>> breaking news out of new jersey. three police officers have been hurt after gunfire erupted inside police headquarters in gloucester township, south of philadelphia. medics rushed to the station 5:30 this morning local time. one officer was shot, all taken to the hospital. it is unclear how severe their injuries are or what happened inside the police station. >>> breaking news overnight, russian president has may it official, it is now illegal for americans to adopt children from russia. vladimir putin signed the bill into la
. >>> fiscal cliff could affect the price of your breakfast in just a few days. i'll explain, coming up. >> first america's money report. >>> good morning. sales of new homes jumped 4.4% last month. new home sales up more than 15% over the past year. ford will spend more than 3/4 of a billion dollars to expand a plant in michigan creating more than 2300 jobs part of ford's promise to invest 6.2 billion dollars in u.s. plans and create 12,000 jobs by 2015. biggest movie...
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Jan 1, 2013
01/13
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KTVU
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senate passed bill early this morning to avoid the fief 5 and -- fiscal cliff and now they reconvene at 9:00 a.m. starting this morning and we will have a live report with details on this alleged legislation. one part passed extend portions through milk bills and without this legislation milk prices were expected to follow. >>> it is a new one and they are explaining why they arep not being received well from some officers, jeanine. >> reporter: well the mayor is scheduled to be here in about an hour but some tell us it is a surprise he will even show -- showing up. it is an annual tradition to publicly thank safety officials on new year's day but it is interesting to see how reid will be briefed here this morning. the mayor has been unpopular with officers ever since he championed a measure to reform pension plans and he said the mass our is i will look legalment and chris chief he more will be leaving after the highest years and property crimes are also on the rise and we will be talking about this and his plan from the new year's. jeanine tell vague. let check in for sal and i wou
senate passed bill early this morning to avoid the fief 5 and -- fiscal cliff and now they reconvene at 9:00 a.m. starting this morning and we will have a live report with details on this alleged legislation. one part passed extend portions through milk bills and without this legislation milk prices were expected to follow. >>> it is a new one and they are explaining why they arep not being received well from some officers, jeanine. >> reporter: well the mayor is scheduled to be...
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Dec 31, 2012
12/12
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KRON
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we are a few hours away from the so- called fiscal cliff. lawmakers will meet in about three hours to try and meet the midnight deadline. we will let you know all about that. before we get to that let us get outside and show you the san mateo bridge. a lot of people are off today. a lot of others heading to work. you can see cars moving along the bridge no problems. >> an ailing former president gets a big dose of medimiracle medicine. >> the oak ridge boys serenade for president george bush. he was admitted a month ago for bronchitis. last week he was described as having a stubborn fever >> barbara bush reached out to the oak ridge boys and gave a concert to one of their biggest fans over the phone spirit we as to what you want to hear in very quickly he said elvira. >> we sank some of it. and then one of his all-time favorites amazing grace. >> the first installment of of hobbit movie trilogy of one in $33 million in ticket sales. clinton tarantino django and change came in second. les miserable was third. >> people are afluter over the ka
we are a few hours away from the so- called fiscal cliff. lawmakers will meet in about three hours to try and meet the midnight deadline. we will let you know all about that. before we get to that let us get outside and show you the san mateo bridge. a lot of people are off today. a lot of others heading to work. you can see cars moving along the bridge no problems. >> an ailing former president gets a big dose of medimiracle medicine. >> the oak ridge boys serenade for president...
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Jan 1, 2013
01/13
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at this hour, we remain over the "fiscal cliff" at least technically. now, the senate did pass a bear bones bill to help us get by in the meantime and now, all eyes are on the house. >> mr. alexander. >> aye. >> reporter: in the early- morning hours of new years date senate began voting on a bill to avoid the so-called "fiscal cliff." >> the bill as amended is passed. >> reporter: the senate voted 89-8 to avoid tax hooks for 99% -- to avoid tax hikes for 99% of all americans. >> this shouldn't be the way we do things but i think we have done some good for the country. >> reporter: if the bill becomes law, the bush-era tax cuts will be permanently extended for everyone making less than $400,000 a year. and families making less than $450,000 a year. it will also keep the alternative minimum tax for the wealthy from hitting millions of middle class families. >> middle class families will wake up today to the assurance that their taxes won't go up $2,200 each. >> reporter: the senate agreement delays a $110 billion in spending cuts that were due to kick in
at this hour, we remain over the "fiscal cliff" at least technically. now, the senate did pass a bear bones bill to help us get by in the meantime and now, all eyes are on the house. >> mr. alexander. >> aye. >> reporter: in the early- morning hours of new years date senate began voting on a bill to avoid the so-called "fiscal cliff." >> the bill as amended is passed. >> reporter: the senate voted 89-8 to avoid tax hooks for 99% -- to avoid tax...
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Dec 26, 2012
12/12
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KGO
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cliff. the president and the first lady spent part of christmas visiting troops at the marine base in honolulu. the president will be back in d.c. tomorrow morning. lawmakers have less than a week to agree on now to avert cuts. >>> starbucks is hoping a few keywords will encourage republicans and democratses to reach a deal to avoid the fiscal cliff. this morning the ceo shulz asked all of his washington, d.c. employees to , come together. >> if you are looking to turn that ugly sweater -- to return that ugly sweater from aunt imagine, today may not be the best -- day. >>> good morning. more signs of recovery in the housing market numbers show home prices climbed in the 12 months through october by the most in more than two years more than 4% gain if you look on the month-to-month increase, san francisco coming in number five, las vegas had the biggest monthly gain. christmas is over, let the returns begin. if you received any gifts you don't want, you might want to wait a few days to return
cliff. the president and the first lady spent part of christmas visiting troops at the marine base in honolulu. the president will be back in d.c. tomorrow morning. lawmakers have less than a week to agree on now to avert cuts. >>> starbucks is hoping a few keywords will encourage republicans and democratses to reach a deal to avoid the fiscal cliff. this morning the ceo shulz asked all of his washington, d.c. employees to , come together. >> if you are looking to turn that ugly...
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Dec 27, 2012
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cliff the flat this morning. in the opening bell. a letter from the treasury secretary air to congress sent after the bill yesterday may also weigh on the market. >> government reports on the labour and housing markets, a consumer confidence and manufacture more do throughout the day. >> in bay area headlines the woman accused of killing a grandmother in a drug driving accident at the twin peaks without this matter first court appearance. >> off 23 your old goina eunice is accused of hit and run, trucking driving and vehicular manslaughter. >> the accident occurred three people and killed 56 year-old yuee yao who was here visiting her new grandchild for china. >> the judge said eunices bail at $2 million. if she goes bill she was wearing scram device that check to make sure she does not drink alcohol does not allow to dry. >> surely that in court for rain in the december 31st. >> let us take a live look at the approach to the bay bridge. no one is very had very quiet. vacations continue for a lot of people in the
cliff the flat this morning. in the opening bell. a letter from the treasury secretary air to congress sent after the bill yesterday may also weigh on the market. >> government reports on the labour and housing markets, a consumer confidence and manufacture more do throughout the day. >> in bay area headlines the woman accused of killing a grandmother in a drug driving accident at the twin peaks without this matter first court appearance. >> off 23 your old goina eunice is...
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Dec 27, 2012
12/12
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cliff he boarded air force one overnight and will be aliveing at andrews in maryland 8:45 our time this morning he cut short his vacation, democrats and republicans have four days to reach a deal before mandatory budget cuts and tax increases kick in january 1st. >>> at least 200 teachers will get concealed weapons training in utah today, overflow crowds are expected when gun rights advocates waive usual fee for teachers. the training tolls the shooting tragedy in newtown, connecticut. gun groups believe teachers can act more quickly than law enforcement in those critical first minutes to protect children. >>> gun buy-back event in los angeles is being called a huge success, you can see why. people in their cars lined up for miles yesterday to turn in their firearms. event is held once a year and takes place in the spring, the mayor moved it up to take advantage of the outrage over the connecticut school massacre, the city gave away up to $200 in grocery gift cards. >>> lance armstrong has until today to appeal the ban imposed on him. he lost his seven titles december 6th, when the inte
cliff he boarded air force one overnight and will be aliveing at andrews in maryland 8:45 our time this morning he cut short his vacation, democrats and republicans have four days to reach a deal before mandatory budget cuts and tax increases kick in january 1st. >>> at least 200 teachers will get concealed weapons training in utah today, overflow crowds are expected when gun rights advocates waive usual fee for teachers. the training tolls the shooting tragedy in newtown, connecticut....
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Dec 27, 2012
12/12
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. >>> president obama is back in washington this morning hoping to pull the country away from the "fiscal cliff." he took the red eye from hawaii overnight. senators are set to work today on a plan to avoid the so- called "fiscal cliff." but house gop leaders say they will not return to washington unless the senate passes a bill. with no deal on the horizon, a new poll finds the gop gets the biggest share of the blame for the stalemate. >> both sides here have a problem with the american people and it's why congress has 11% job approval rating. >> even starbucks is gettingismy for an agreement. its employees are writing "col together" on coffee cups in d.c. to try to encourage compromise. >>> hawaii's lieutenant governor brian shots will replace the late democratic senator daniel inouye who died of respiratory complications last week. on the day he died he wrote to the governor asking for a female representative to replace him. she made it to the final round of consideration but did not win the nomination. >>> and former president george h.w. bush is in intensive care at a houston hospita
. >>> president obama is back in washington this morning hoping to pull the country away from the "fiscal cliff." he took the red eye from hawaii overnight. senators are set to work today on a plan to avoid the so- called "fiscal cliff." but house gop leaders say they will not return to washington unless the senate passes a bill. with no deal on the horizon, a new poll finds the gop gets the biggest share of the blame for the stalemate. >> both sides here have...
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Dec 31, 2012
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. >> the clock is ticking until the so-called fiscal cliff. we will have details on today's the last minute negotiations. >> it remains cold at specially for tonight. it is a clear start for the morning and we do not have any issues with a visibility. if you are in the north bay there is a good chance that you will stay below the freezing mark. celebrating new year's eve it will be mostly clear conditions. here is a look at the numbers currently. it is 32 degrees currently in fairfield. i will show you where these numbers are supposed to go for the course of today. >> we have been minor's in a reported stall the upper deck of the bay bridge. it has now been cleared. it did not affect the drive time. do not expect any early morning delays or normal commute patterns. >> new this morning, off two people are in the hospital this one after a 2 alarm fire at a residential building in san francisco is excelsior district. the fire broke out before 1:00 this morning and crews had under control by 2:15 a.m.. to get you more knows who will turn to jackie
. >> the clock is ticking until the so-called fiscal cliff. we will have details on today's the last minute negotiations. >> it remains cold at specially for tonight. it is a clear start for the morning and we do not have any issues with a visibility. if you are in the north bay there is a good chance that you will stay below the freezing mark. celebrating new year's eve it will be mostly clear conditions. here is a look at the numbers currently. it is 32 degrees currently in...
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Dec 26, 2012
12/12
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cliff. this is video of the president and the first lady departing honolulu yesterday after visiting with troops. mrs. obama and the couple's two daughters are scheduled to remain in hawaii until january 6th. the president willey for washington this evening. lawmakers have less than a week to come to an agreement on how to avert tax increases set to go into effect in january. . >> in new york police have found a bed in the burned out home of the man who killed two firefighters monday. the victim is believed to be the gunman's 67-year-old sister. a vigil was held monday night for the firefighters. two other firefighters in the hospital. police say ex-convict william spengler armed himself with three weapons and set his house on fire to lure first responders into a trap he kill himself. police say he left a rambling three page note saying he wanted to burn down the neighborhood and kill as many people as possible. he did not give a motive >> the world'sdhfhñ longest high speed rail line is up
cliff. this is video of the president and the first lady departing honolulu yesterday after visiting with troops. mrs. obama and the couple's two daughters are scheduled to remain in hawaii until january 6th. the president willey for washington this evening. lawmakers have less than a week to come to an agreement on how to avert tax increases set to go into effect in january. . >> in new york police have found a bed in the burned out home of the man who killed two firefighters monday. the...
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Dec 28, 2012
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. >>> no deal in sight to avoid the fiscal cliff. we'll tell you how president obama is pushing forward as the clock ticks. >> first this morning's tech bites. >>> in today's tech bites, amazon.com getting a present from shoppers, good review, survey puts amazon at the top of the list where it has been the past eight years. big jim in americans reading e-books, re-- research finds 16 and older red -- print reading drops from 72% down to 67%. salary of time cook dropped by 99%, his 2012 compensation 4.2 million dollars, far cry from the 378 million last year. steve jobs' famously collected a dollar a year. >> for the first time in its history voting for oscars online some voters are complaining the system is confusing and worried it could be vulnerable to it's time to change the way we clean. it's time to free ourselves from the smell and harshness of bleach. and free ourselves from worrying about the ones we love. new lysol power & free has more cleaning power than bleach. how? the secret is the hydrogen peroxide formula. it attacks
. >>> no deal in sight to avoid the fiscal cliff. we'll tell you how president obama is pushing forward as the clock ticks. >> first this morning's tech bites. >>> in today's tech bites, amazon.com getting a present from shoppers, good review, survey puts amazon at the top of the list where it has been the past eight years. big jim in americans reading e-books, re-- research finds 16 and older red -- print reading drops from 72% down to 67%. salary of time cook dropped...
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Jan 1, 2013
01/13
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senate approved a deal to avoid the fiscal cliff this morning. rene marsh is live with what will probably happen after the house reconvenes this morning. good morning, rene. >> reporter: good morning, tori. they should be on capitol hill about in 15 minutes. what we're learning this morning something all of the house republicans will meet to discuss this fiscal cliff package. it's now in their land. what will they do with it -- what will they do? could tomly kate things more -- could -- to complicate things more, eric canter has said they are not sure if they will vote on it today. we're just waiting to see what happens. let's talk about last night. vice president biden was on the hill. biden and senate republican leader, mitch mcconnell, they both worthed together very closely to work out -- worked together to work out this compromise. and we now know that individuals making more than 400,000 and families making more than $450,000 will see their taxes go up. and while those automatic spending cuts are delayed until the beep ginning of march, the
senate approved a deal to avoid the fiscal cliff this morning. rene marsh is live with what will probably happen after the house reconvenes this morning. good morning, rene. >> reporter: good morning, tori. they should be on capitol hill about in 15 minutes. what we're learning this morning something all of the house republicans will meet to discuss this fiscal cliff package. it's now in their land. what will they do with it -- what will they do? could tomly kate things more -- could --...
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Dec 26, 2012
12/12
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a deal in the looming fiscal cliff crisis. some good news is expected today an economic report due later today is likely to show continued improvement in the housing market. there are also some early readings on the strength of the holiday shopping season. marcus will open at 630 this morning. >> samsung is seeking a ban on the import and sale of some ericsson products in the u.s., escalating a dispute over patent fees. the company is seeking to ban ericsson products that allegedly violate seven patents. the complaints at the trade commission followed a dispute over mobile technology patents that erickson brought before a u.s. district court after the two sides failed to agree on licensing terms. in november, ericsson said the samsung is seeking to drastically reduce the it pays to license patents. >> here is the san francisco skyline and dapsang and should be coming up. we do have ran off and on. we will be right back. >> welcome back. member of a sierra nevada ski resort patrol team who was injured after being caught in an a
a deal in the looming fiscal cliff crisis. some good news is expected today an economic report due later today is likely to show continued improvement in the housing market. there are also some early readings on the strength of the holiday shopping season. marcus will open at 630 this morning. >> samsung is seeking a ban on the import and sale of some ericsson products in the u.s., escalating a dispute over patent fees. the company is seeking to ban ericsson products that allegedly...
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Jan 1, 2013
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clair. >>> we're following a lot of stories this morning including the fiscal cliff. and the weather situation, erica will have a update in a moment. let's head out now and show you a shot from the mount tam camera. it is barely wiggling. you will not have to deal with the breeze. >>> welcome back. it is officially 2013. we're waking up to clear skies. it is another cold one here in the bay area and we're picking up right rain. i did see rain reported around sfo. a lot of the showers have pushed their way south so again just a stray passing light shower. i don't think it will affect your ride at all. we could see light rain around the santa cruz mountains. but a clear conditions, sunny skies. the temperatures a little warmer than 24 hours ago. and currently 36 degrees over in fairfield and 43 waking up or staying up in hayward. as we walk you through the timing of the temperatures and it shows 8 a.m. you will see two colors. the darker purposele is 40s. that's the heart of the bay holding on to the 30s for the east bay. and portions of the north bay. and setting the c
clair. >>> we're following a lot of stories this morning including the fiscal cliff. and the weather situation, erica will have a update in a moment. let's head out now and show you a shot from the mount tam camera. it is barely wiggling. you will not have to deal with the breeze. >>> welcome back. it is officially 2013. we're waking up to clear skies. it is another cold one here in the bay area and we're picking up right rain. i did see rain reported around sfo. a lot of the...
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Jan 1, 2013
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the kron four morning news. the country is a technical ago for the fiscal cliff. butechnically-going over the physicalfiscal cliff (male announcer) live from the kron 4 news station, this is the kron 4 news. >>> top stories we are following this tuesday, january first. two separate shootings. and san francisco. as the city report is coming up. >>> the country has gone over as the midnight deadline forthe house will re-convene in >>> shots fired in two separate new year. embarcadero area for public intoxication and other misdemeanors. >> with the deep platter, mainly 50s. test high clouds in the distance, with your day planner how about checking in with george. >> let us take a look at the bridges, light traffic in all directions, the east bay, the south bay, the peninsula. very light right now. the drive time through marin county is only 21 minutes. from novato >>> shots fired in two separate incidents in san francisco as the city celebrated the new year. officers have also arrested at least ten people in the embarcadero area for public misdemeanors. we turn to kr
the kron four morning news. the country is a technical ago for the fiscal cliff. butechnically-going over the physicalfiscal cliff (male announcer) live from the kron 4 news station, this is the kron 4 news. >>> top stories we are following this tuesday, january first. two separate shootings. and san francisco. as the city report is coming up. >>> the country has gone over as the midnight deadline forthe house will re-convene in >>> shots fired in two separate new...
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Dec 28, 2012
12/12
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closer to falling over the fiscal cliff the latest on negotiations next. >> and chang restrictions are lifted on rows are clearing fresnel in the sierra will have an update on conditions. >> plus many is offering free service to celebrate its 100th anniversary will have a live report as the kron 4 morning news continues into minutes no all and thank you for and joining us there have been three homicides and 98 minutes will have details coming up. >> the clock is ticking for a solution in washington. we are just four days away from a fiscal cliff. we was see what congress will do today. >> we are seeing an increase and cloud cover. it is a cold start outside. as we head into afternoon rain chances could start for the bay area. as we take a look at the numbers. it is 30 degrees in santa rosa. it is 39 currently in fremont. tomorrow morning we went may wake up to rainy weather. >> we are looking at pretty light traffic around the bay area. i do not think that we will see anything different than what we have seen all week long. right now but quick commute check shows there is a like ride t
closer to falling over the fiscal cliff the latest on negotiations next. >> and chang restrictions are lifted on rows are clearing fresnel in the sierra will have an update on conditions. >> plus many is offering free service to celebrate its 100th anniversary will have a live report as the kron 4 morning news continues into minutes no all and thank you for and joining us there have been three homicides and 98 minutes will have details coming up. >> the clock is ticking for a...
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Dec 26, 2012
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the dow is up by 23 points as we continue to see what happens as we get closer to the fiscal cliff. >> we are also watching gas prices across the bay area. the average gas price for a gallon of regular gas is $3.60 in san francisco this morning. in the south bay the price is $3.48 today in san jose. across the bay in oakland the average is $3.49. this all compares to the state average in california at $3.52. >> starbucks is launching a politician's campaign this week in hopes that will get the ball rolling on averting the fiscal cliff. in a letter to star birks employees made public this morning, chief executive howard s \cc chultz next employees that is approximately 120 d.c. area stores to write come together on coffee cups on serving customers tomorrow and friday. starbucks plans to buy as in washington post and the new york times later in the week as part of its come together campaign. >> rumors that a second generation ipad mini with eight right now display is set to lions ahead of apple's typical annual schedule that share have been swirling. now it appears that apple's full- si
the dow is up by 23 points as we continue to see what happens as we get closer to the fiscal cliff. >> we are also watching gas prices across the bay area. the average gas price for a gallon of regular gas is $3.60 in san francisco this morning. in the south bay the price is $3.48 today in san jose. across the bay in oakland the average is $3.49. this all compares to the state average in california at $3.52. >> starbucks is launching a politician's campaign this week in hopes that...
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Dec 31, 2012
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. >>> and remember, you can keep tabs on the "fiscal cliff" talks 24/7 by logging on to our cbs5.com website. >>> a new health problem for secretary of state hillary clinton. she has a blood clot. she is in the hospital in new york this morning. the clot was discovered yesterday in a follow-up exam following the concussion she had this month. her spokesman says the clot is related to the concussion but is not saying exactly where that clot is located. she is being treated with anticoagulants and will stay in the hospital for the next couple of days. >>> on the scene of developing news in san francisco this morning, cbs 5 reporter cate caugiran is in the excelsior district where a suspicious fire is under investigation. >>> reporter: firefighters are calling it suspicious because of how quickly the flames spread. you can see now crews are still here. we heard reports that residents did admit to having an illegal marijuana grow operation but an arson team will be investigating the cause of this fire. two people were taken to the hospital for nonlife- threatening injuries. three residen
. >>> and remember, you can keep tabs on the "fiscal cliff" talks 24/7 by logging on to our cbs5.com website. >>> a new health problem for secretary of state hillary clinton. she has a blood clot. she is in the hospital in new york this morning. the clot was discovered yesterday in a follow-up exam following the concussion she had this month. her spokesman says the clot is related to the concussion but is not saying exactly where that clot is located. she is being...
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Dec 27, 2012
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we are watching right now the fiscal cliff negotiations and traders are watching closely and it is a flat morning as they are on both sides of the aisle trying to work that out. >>> and now dave clark and pam cook are both off and we continue with ktvu channel 2 morning news. >>> there was a police shooting overnight in walnut creek. christian captain is near 680 with new information he found out within the past hour, christian? >> reporter: we have been on the scene since 4:30 and there is still a sizable police presence and we have seen some units just leaving in a few minutes. we have learned of course this was an officer involved shooting. if you take a look from our vantage point, the scene is at that brick wall you can see in the distance. police confirmed it all started as domestic violence and we have learned that the initial 911 call came in shortly before 3:15. >> we received 911 call transfer from the fire department at 3:13 this morning. there was screaming on the line. officers were dispatched and arrived within minutes. we received a radio transmission at 3:19 that shot
we are watching right now the fiscal cliff negotiations and traders are watching closely and it is a flat morning as they are on both sides of the aisle trying to work that out. >>> and now dave clark and pam cook are both off and we continue with ktvu channel 2 morning news. >>> there was a police shooting overnight in walnut creek. christian captain is near 680 with new information he found out within the past hour, christian? >> reporter: we have been on the scene...
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Dec 27, 2012
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cliff. 8president boarded air be arriving around 8:45 our time this morning. the president cut short his holiday vacation. democrats and republicansqló hae four days to reach a+%sxç deal before mandatory budget cuts and tax increases kick in on >>> netflix wants to get into the social networking game. >> new ceo of yahoo plans to make appearance at upcoming electronics show in las vegas. >>> goodÚç morning ellen. >>> good morning. the big consumer electronics of -- marissa mayer, a lot of hope she is expected to be there. she is an ing partiesanaÑ, one-on-one meetings trying -- trying to reestablish the sometimes rocky relationship that yahoo has had with 17 minutes into the trading session little change, we are seeing gains, for the dow, for the nasdaq as well as s&p. bloomberg index has been in the negative since we opened, a lot of wait and see about what is going to happen now that the president and congress are returning to washington today to deal with fukushima daiichi -- to deal with the fiscal omq= cliff issu. retailers are doing a better job of
cliff. 8president boarded air be arriving around 8:45 our time this morning. the president cut short his holiday vacation. democrats and republicansqló hae four days to reach a+%sxç deal before mandatory budget cuts and tax increases kick in on >>> netflix wants to get into the social networking game. >> new ceo of yahoo plans to make appearance at upcoming electronics show in las vegas. >>> goodÚç morning ellen. >>> good morning. the big consumer...
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to washington this morning as senate democrats try to breathe life into the fiscal cliff negotiations. there are just five days left before across-the-board tax increases and spending cuts kick in. chip reid is in the capitol. chip, good morning. >> reporter: well, good morning, rebecca. the president boarded air force one in hawaii early this morning and headed back to washington to deal with the so-called fiscal cliff. with just five days until the combination of automatic tax increases and spending cuts that could send the economy back into recession, the president wants congress to take the lead in getting the job done. the senate convenes later today and majority leader harry reid has told members to be prepared to work on fiscal cliff issues through the weekend. reid is working on his own plan to get members to come together before the end-of-the-year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short-term spending cuts instead of the massive cuts that would occur if there is no deal. after a wednes
to washington this morning as senate democrats try to breathe life into the fiscal cliff negotiations. there are just five days left before across-the-board tax increases and spending cuts kick in. chip reid is in the capitol. chip, good morning. >> reporter: well, good morning, rebecca. the president boarded air force one in hawaii early this morning and headed back to washington to deal with the so-called fiscal cliff. with just five days until the combination of automatic tax increases...
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Dec 31, 2012
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this was not the big announcement about an agreement on the fiscal cliff. the president did acknowledge there's been progress and he spoke while surrounded by americans who he pointed out cannot afford a tax hike. a source close to the negotiations we know what might be on the table now this current tenty deal. one, as far as tax hikes are involved -- republican and democrats have agreed taxes would not go up for families that make less than $450,000 a year or individuals who make less than $400,000 a year. as far as unemployment benefits that's could be extended. the president mentioned tuition tax credit extended. where there's still a great divide is automatic spending cuts. the deal on table brokered mostly by mcconnell and biden overnight, would delay those spending cuts for three months. some democrats have said they want them delayed one year. >> still issues left to resolve. but we're hopeful that congress can get it done. it is not done. and so, part of the reason that i wanted to speak to all of you here today is to make sure that we emphasize, to
this was not the big announcement about an agreement on the fiscal cliff. the president did acknowledge there's been progress and he spoke while surrounded by americans who he pointed out cannot afford a tax hike. a source close to the negotiations we know what might be on the table now this current tenty deal. one, as far as tax hikes are involved -- republican and democrats have agreed taxes would not go up for families that make less than $450,000 a year or individuals who make less than...
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Dec 31, 2012
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also the latest on the fiscal cliff with michael yaqui. initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >> the countdown is on to the fiscal cliff coming up at midnight tonight when the automatic tax increases and spending cuts kick in. michael yucky is joining us, thanks for joining us. this is self-imposed, it started two years ago. this is what they came up with. >> they have had a lot of time to look at this and a lot of people are thinking about the marche's curiosity. we want to send congress to mars right now with what's going on. my bet is we will not get a deal tonight, probably tomorrow. it expires that is okay. right now they are haggling over whether is going to be $450,000 tickets taxes or not. the democrats still want the employment extension and everyone wants the dock fixed which is the medicare reimbursement issue. they want to fix the amt patch which
also the latest on the fiscal cliff with michael yaqui. initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >> the countdown is on to the fiscal cliff coming up at midnight tonight when the automatic tax increases and spending cuts kick in. michael yucky is joining us, thanks for joining us. this is...
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Dec 26, 2012
12/12
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cliff. in a letter to starbucks employees made public this morning, chief executive howard schultz ask employees at its approximately 120 d.c. area stores to write come together on coffee cups when serving customers tomorrow and friday. starbucks plans to buy ads in the washington post and new york times loitered in the week as part of its come better campaign. rumors that the second generation ipad mini with a rat in a display is set to launch a head of apple's typical annual schedule next year have been swirling. it appears abels full-sized ipad may be sticking to its new semi annual release schedule. new reports suggest apple plans to launch a new thinner, lighter and 9.7 and ipad as soon as march of 2013. the fourth ipad model was just released last month along side the ipad mini, the march was also suggested in recent rat not ipad mini rumors. the time is 6:11 a.m. and we will be back in a couple of minutes. a live look at the approach to the bay bridge toll plaza. an oakland is 51 degr
cliff. in a letter to starbucks employees made public this morning, chief executive howard schultz ask employees at its approximately 120 d.c. area stores to write come together on coffee cups when serving customers tomorrow and friday. starbucks plans to buy ads in the washington post and new york times loitered in the week as part of its come better campaign. rumors that the second generation ipad mini with a rat in a display is set to launch a head of apple's typical annual schedule next...
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Dec 31, 2012
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crucial meetings happening this morning to keep the country from going over that fiscal cliff. >>> big break in mysterious murder of a south bay millionaire. >>> health care for secretary of state clinton. new d ñ this december 31st, new year's eve, the last day of 2012, we are starting out you can see in this live picture from the embarcadero looking across the bay, it is a frosty but clear and dry start just looking at that you know tv set the picture, you can probably tell the chill that is out there. thanks for joining us i'm kristen sze >>> and i'm katie marzullo in for eric thomas. we'll hand it over to mike. >>> issue out there, black ice on san pablo dam road near inspiration point may have caused accident. not only frosty conditions but the possibility of black ice this will happen again tomorrow morning coolest morning will be wednesday something to think about. here's a look at live doppler, high clouds have moved on, hitting our coldest temperatures of the morning now, that means 30s in a lot of areas around the bay to 44 in san francisco, mid to upper 40s at noon, low! 50
crucial meetings happening this morning to keep the country from going over that fiscal cliff. >>> big break in mysterious murder of a south bay millionaire. >>> health care for secretary of state clinton. new d ñ this december 31st, new year's eve, the last day of 2012, we are starting out you can see in this live picture from the embarcadero looking across the bay, it is a frosty but clear and dry start just looking at that you know tv set the picture, you can probably tell...
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Dec 24, 2012
12/12
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allie rasmus ktvu channel 2 morning news. >>> the deadline for the fiscal cliff is just one week away. they are waiting for a small patch rather than a large fix. president barack obama is on vacation and so is house speaker john boehner and there is no agreement and if we go over the cliff, most americans will see higher taxes. >>> a police woman shot and killed an american security adviser. it happened inside the heavily guarded area. the shooting appears to be an insider attack and authorities say this is the first such attack by a woman and was arrested by afghan police. >>> they are dealing with the rising number of homicides and one city now is also known for its violence. police say 18 people have been killed so far which is down from 43 years ago. the city declared a state of emergency after a deadly summer in 2005. >>> they plan on conduct being several checkpoints from hours from now. they canceled one in fremont and drunk driving is made worse when there are heavy rains like the ones we had over the weekend. they were just three from the same timeframe when skies are clear.
allie rasmus ktvu channel 2 morning news. >>> the deadline for the fiscal cliff is just one week away. they are waiting for a small patch rather than a large fix. president barack obama is on vacation and so is house speaker john boehner and there is no agreement and if we go over the cliff, most americans will see higher taxes. >>> a police woman shot and killed an american security adviser. it happened inside the heavily guarded area. the shooting appears to be an insider...
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Dec 31, 2012
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goes over the fiscal cliff. the senate convened its rare sunday session with a prayer for progress. the house returned from its holiday hours until the u-s economy goes over what's being called the fiscal cliff - lawmakers are locked in a fierce face-off over a set hikes. "we're apart on some pretty big issues." " >> i'm willing to get this done, but i need a dance partner." >> reporter: on n-b-c's meet the press, president obama made a final pitch for his plan to preserve bush era tax cuts for everyone but the wealthiest americans. >> "regardless of partisan differences, our top sure that taxes on middle that would hurt our economy badly." >> reporter: a major sticking point continues to be the annual income level at which those tax increases should kick in. the threshold has wavered from 250-thousand dollars to as high as one-million dollars. republicans argue the country doesn't have a tax revenue problem, it has a spending problem. >> "unless we do something about spending, the government will continue to get bigger and the deficit will continue to get bigger." >> reporter: foll
goes over the fiscal cliff. the senate convened its rare sunday session with a prayer for progress. the house returned from its holiday hours until the u-s economy goes over what's being called the fiscal cliff - lawmakers are locked in a fierce face-off over a set hikes. "we're apart on some pretty big issues." " >> i'm willing to get this done, but i need a dance partner." >> reporter: on n-b-c's meet the press, president obama made a final pitch for his plan...
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Dec 28, 2012
12/12
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WMAR
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we begin this morning with a new effort to avoid the fiscal cliff. it's an 11th-hour attempt to reach a deal. but lawmakers are not optimistic. >> wendy gillette is here with the latest. good morning, wendy. >> reporter: good morning, president obama will meet be lawmakers this afternoon. time is running out with no deal in sight. president obama will meet with congressional leaders later today at the white house. but it may be too late for a deal. there's just four days left before the fiscal cliff deadline. >> i have to be very honest, mr. president. i don't know, time-wise, how it can happen now. >> reporter: senate majority leader, harry reid, lashed out at house speaker, john boehner, accusing him of running a dictatorship. >> john boehner seems to care more about his leadership than keeping the country on a secure footing. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> reporter: president obama
we begin this morning with a new effort to avoid the fiscal cliff. it's an 11th-hour attempt to reach a deal. but lawmakers are not optimistic. >> wendy gillette is here with the latest. good morning, wendy. >> reporter: good morning, president obama will meet be lawmakers this afternoon. time is running out with no deal in sight. president obama will meet with congressional leaders later today at the white house. but it may be too late for a deal. there's just four days left before...
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Dec 29, 2012
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invesinvestors-a given word about the fiscal cliff. the dow lost 158 points, it is currently a five day losing streak in its longest since july. the nasdaq reported 25 points. >> banks rack up a record to $10.7 billion in fines in 2012. that includes what the banks paid to u.s. and state of 40's-but it does not include the billions more paid to european regulators. most of the fines were related to improper mortgage practices. >> making interstate phone calls could soon get cheaper. for prison inmates. prison call systems are different than normal pay phones. a typical 50 minute conversation current cost an average of $16. that is largely due to fees that call providers are allowed to charge prisoners in some states. here in new york, where fees are banned, rates can go as low as 5¢ a minute. but in places like colorado, inmates did charge almost 90¢ a minute. the sec is planning to open the public comment about reducing rates nationwide. >> the u.s. population is said to hit 350 million by the new year's day. it has an increase of l
invesinvestors-a given word about the fiscal cliff. the dow lost 158 points, it is currently a five day losing streak in its longest since july. the nasdaq reported 25 points. >> banks rack up a record to $10.7 billion in fines in 2012. that includes what the banks paid to u.s. and state of 40's-but it does not include the billions more paid to european regulators. most of the fines were related to improper mortgage practices. >> making interstate phone calls could soon get cheaper....
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cliff." the house is set to reconvene this morning at 6:00 pacific time. andrew spencer has more on why the process seems to have stalled. >>> reporter: >> if there is an ultimate compromise, there will be parts of it that i find disgusting and reprehensible which i may have to swallow in the name of finding a compromise. >> reporter: a rare sunday session on capitol hill. >> the senate will come to order. >> reporter: as lawmakers work on avoiding the so-called "fiscal cliff." talks briefly hit a, quote, major setback on sunday over social security benefits according to a democratic source. but both sides agreed to push forward. >> i want everyone to know i'm willing to get this done. but i need a dance partner. >> reporter: vice president joe biden is apparently that person for senate minority leader mitch mcconnell. top level sources say the two are taking over talks. if nothing is resolved by midnight, tax rates for all americans will increase and democrats say it means about $2,000 for t
cliff." the house is set to reconvene this morning at 6:00 pacific time. andrew spencer has more on why the process seems to have stalled. >>> reporter: >> if there is an ultimate compromise, there will be parts of it that i find disgusting and reprehensible which i may have to swallow in the name of finding a compromise. >> reporter: a rare sunday session on capitol hill. >> the senate will come to order. >> reporter: as lawmakers work on avoiding the...
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Dec 28, 2012
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we are off to a cooler start this morning, 30s inland, on this bay shore,0s inland, on san francisco in the low to mid 40s. sprinkles noon light rain at the coast more of us with will have light rain by 4:00, temperatures struggling to reach 50, by 7:00, all of us dealing with light rain this friday evening going to be cool, low to mid 40s. >>> 6:15. secretary of state clinton is going back to work next week, according to her spokesman. clinton has been recovering from a concussion she suffered while fainting while fighting a stomach virus she was out for three weeks. she has promised to testify next month before congressional committees on the attack in libya. >> j president obama will meet with leaders from capitol hill today, hoping to avoid the fiscal cliff, combination of spending cuts and tax hikes with will go into effect unless lawmakers can broker a deal before the end of the year. will meet with congressional white house. it may be too late for a deal. there are just four days left before the fiscal cliff deadline. jive to be very honest mr. president, -- >> i have to be ve
we are off to a cooler start this morning, 30s inland, on this bay shore,0s inland, on san francisco in the low to mid 40s. sprinkles noon light rain at the coast more of us with will have light rain by 4:00, temperatures struggling to reach 50, by 7:00, all of us dealing with light rain this friday evening going to be cool, low to mid 40s. >>> 6:15. secretary of state clinton is going back to work next week, according to her spokesman. clinton has been recovering from a concussion she...
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. >> a meeting coming up with the white house as america tries to avert the fiscal cliff. plus a free ride on many. we will tell you why coming up after the break at the kron 4 morning news conreturns in two minutes. >> ,h >> overnight, three people were killed and oakland. all of them at different locations. i will have the details coming up. >> the clock is ticking for a solution in washington. we are just four days away from falling off the fiscal cliff. >> we're all so interested in the all important weekend forecast. let's check in with erica. >> we are starting to see more called stream in. here on storm tracker for a lot rain is in the north bay. but a lot of the more usher is not hitting the ground. you still may run into a sprinkle in certain spots. the rain should arrive sometime in the area. as we take a look at the satellite and radar pitcher this system is impacting parts of of the bay area. i will walk you through future cast 4 in my next report. >> bart is reported that they are having major delays because of a piece of equipment is stuck on the tracks. this
. >> a meeting coming up with the white house as america tries to avert the fiscal cliff. plus a free ride on many. we will tell you why coming up after the break at the kron 4 morning news conreturns in two minutes. >> ,h >> overnight, three people were killed and oakland. all of them at different locations. i will have the details coming up. >> the clock is ticking for a solution in washington. we are just four days away from falling off the fiscal cliff. >>...
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Dec 30, 2012
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. >>> this morning they are still trying to form a last minute compromise to avoid the fiscal cliff. >> the deal they're considering only kicks the cans down the road again. >> senate republican leader mitch mcconnel left the capitol tight lipped by smiling after working behind doors to avoid the so-called fiscal cliff. he and harry reid are working on a scale down agreement that focuses on avoiding a middle class tax hike. the plan is to present it to the senate for a vote on sunday and then send it over to the house. house speaker john boehner was at the capitol but left with no comment. the democrats insist the wealthy pay more in taxes. >> the president's tax hike would only fund the government for l days. americans deserve to know what does the president propose we do for the over 357 days of the year. sdmrsz -- >> president omaba insists his plan on the table is fair and includes plenty of cuts to government spending. >> we just afford a wound to our economy. >> if sunday's negotiations don't pan out the president says he's red to -- he's ready to propose his own scaled back bi
. >>> this morning they are still trying to form a last minute compromise to avoid the fiscal cliff. >> the deal they're considering only kicks the cans down the road again. >> senate republican leader mitch mcconnel left the capitol tight lipped by smiling after working behind doors to avoid the so-called fiscal cliff. he and harry reid are working on a scale down agreement that focuses on avoiding a middle class tax hike. the plan is to present it to the senate for a vote...
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Dec 27, 2012
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fiscal cliff talks will resume this morning in washington. when will have a live look from the senate floor. also inside the office of one of the richest man is on the planet. warren buffett. those stories and much more when the kron4 morning news continues. >> >> compared to yesterday that the nasty weather would not be the case today. high- pressure is in control and we will continue to see the sunshine and dry weather. not only this afternoon but clear conditions will continue into the evening hours. satellite and radar pictures look like mainly active whether it has shifted too our east. we are dry for now but we have changes to talk about as another storm is headed in our direction. i will break down full details and walk you through future cast four and my next report. >> it continues to be a pretty good ride even though we had a few minor incidents on the peninsula. they have cleared up now and the bay bridge ride and has a light traffic and no meat during lights. the quick check commute shows we're dealing with much much lighter than
fiscal cliff talks will resume this morning in washington. when will have a live look from the senate floor. also inside the office of one of the richest man is on the planet. warren buffett. those stories and much more when the kron4 morning news continues. >> >> compared to yesterday that the nasty weather would not be the case today. high- pressure is in control and we will continue to see the sunshine and dry weather. not only this afternoon but clear conditions will continue...
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Dec 24, 2012
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some worry us about the fiscal cliff as it gets closer. the nasdaq and s&p 500 are both down as well. markets close at 10:00 a.m. pacific time. >>> if you still have christmas shopping to do, brian, you're not alone. you will be out there with a few others. a new survey shows 10% of all americans say they will still be in the malls today, christmas eve. some shoppers say they like the energy of shopping right up until the last minute. others say they hate the crowds, but they just couldn't get out to the stores any sooner. >>> and it turns out shoes are one of the most popular gifts this holiday season. shoppers say shoes are one gift they know will be used and the sizes are unlikely to change. footwear ranks fing. they weren't in the top ten last year. >>> the prelude to the lord of the rings movie is still the most popular movie in the u.s. >> the tiny hobbit is running circles around some of the biggest hollywood names. the hobbit and unexpected journey remains number one. >>> this is 40, rise to the gardens and lincoln rounded out the
some worry us about the fiscal cliff as it gets closer. the nasdaq and s&p 500 are both down as well. markets close at 10:00 a.m. pacific time. >>> if you still have christmas shopping to do, brian, you're not alone. you will be out there with a few others. a new survey shows 10% of all americans say they will still be in the malls today, christmas eve. some shoppers say they like the energy of shopping right up until the last minute. others say they hate the crowds, but they just...
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Dec 31, 2012
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. >>> congress continues to bicker hours to the fiscal cliff. we go live to . >>> good morning 5:29 on this monday the last one of 2012. thanks for waking up and joining us this early morning i'm kristen sze. >>> and i'm katie marzullo in for eric thomas. last night of 2012 if you are going to be out in the bay area probably a big coat, mike? >> definitely breast warmly, don't worry about any wet weather. good morning. as we look at live dopplerwq[ú, picking up dry air, also seeing high clouds put another halo around the moon earlier this morning, beautiful sight we've had several times over the last week. not fog forming but frost out there watch out for that during the morning hours. this afternoon under partly cloudy skies, upper 40s to low 50s mostly sunny bay and inland low to mid 50s how about traffic if there is any. >>> mass transit is what we can talk the most about, no delays across the board. there is no ace train today or tomorrow. muni on a saturday schedule today. all mass transit offering extended hours to get you home for new ye
. >>> congress continues to bicker hours to the fiscal cliff. we go live to . >>> good morning 5:29 on this monday the last one of 2012. thanks for waking up and joining us this early morning i'm kristen sze. >>> and i'm katie marzullo in for eric thomas. last night of 2012 if you are going to be out in the bay area probably a big coat, mike? >> definitely breast warmly, don't worry about any wet weather. good morning. as we look at live dopplerwq[ú, picking up...
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Dec 31, 2012
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. >>> the government from going over the flip, yet as the -- fiscal cliff, both republicans said they will not vote tonight. they will reconvene tomorrow morning. >> the vote on spending cuts and tax high school thaksd prevent the u.s. from going -- hike, from -- going over the fiscal cliff, still in the final hours. >> the house and senate convened for rare sunday sessions in hoping of bridging major impasses. >> conversations and discussions continue and we remain hopeful that'll get a breakthrough. >> we'll pass a minimalist bill so that we won't go over the cliff and then i think we have to go from there. >> on nbc's meet the press, president obama made a final pitch for his plan to preserve bush era tax cuts for welt healthy americans. >> a mijor sticking point continues to be -- major annual sticking point, the threshold has waiverd from $250,000 to as high as millionion dollar. the country doesn't have a tax revenue problem. t has a spending problem. john boehner issued a statement saying republicans have made every effort to make the balanced agreement that the president promi
. >>> the government from going over the flip, yet as the -- fiscal cliff, both republicans said they will not vote tonight. they will reconvene tomorrow morning. >> the vote on spending cuts and tax high school thaksd prevent the u.s. from going -- hike, from -- going over the fiscal cliff, still in the final hours. >> the house and senate convened for rare sunday sessions in hoping of bridging major impasses. >> conversations and discussions continue and we remain...
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from going over the fiscal cliff. >>> plus how bay area transit agencies hope to make this a safe new years eve. ktvu channel 2 morning news continues. >>> good morning. it is monday december 31st i'm tori campbell in for pam cook. >> and i'm dave clark. let's check weather, traffic, steve is right there. you'll need a few minutes to warm up the car. >> for most. there is a couple inland definitely. some 40s near the city and around the bay. inland there is a lot of 30s and upper 20s. mostly sunny, partly cloudy. that system coming in will spin in higher clouds. upper 40s low 50s. here is tara. >> thanks steve. this is a look at the bay bridge toll plaza where you can see traffic moving nicely into san francisco. and this is a look at the san mateo bridge where you can see the same story. traffic on the right heading toward the foster city. opposite side toward hayward. let's head over to dave and tori. >>> now we are hearing from neighbors in san francisco. those that were awakened by an early morning house fire and broken gas line. ktvu alex savidge is at the scene and i know you ha
from going over the fiscal cliff. >>> plus how bay area transit agencies hope to make this a safe new years eve. ktvu channel 2 morning news continues. >>> good morning. it is monday december 31st i'm tori campbell in for pam cook. >> and i'm dave clark. let's check weather, traffic, steve is right there. you'll need a few minutes to warm up the car. >> for most. there is a couple inland definitely. some 40s near the city and around the bay. inland there is a lot...
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if the so-called fiscal cliff is averted, the state will reimburse workers. payroll experts are telling private employers to wait for irs instructions and are advising workers to keep an eye out on their deductions. >>> new this morning, another winter storm expected to dump several inches of snow on the east coast today. showing you new video of the snow coming down at the nation's capitol, quite the whiteout there. 2 to 4 inches of snow expected to fall from southern illinois to new jersey. forecasters say this storm is expected to be smaller than the ones we have seen over the past week. and right now, some forecasters say snow covers about 64% of the ground in the lower 48 states. >>> good morning to you. outside our doors, we are mainly gray, but a little bit of snow falling over our local mountains as well. check out the camera for mount hamilton a moment ago, right about 4000 feet. we've got snow. we have a rain/snow mix down to about 2500 feet this morning. storm tracker 2, this is the storm. you can see as it is shifting south, it will continue to si
if the so-called fiscal cliff is averted, the state will reimburse workers. payroll experts are telling private employers to wait for irs instructions and are advising workers to keep an eye out on their deductions. >>> new this morning, another winter storm expected to dump several inches of snow on the east coast today. showing you new video of the snow coming down at the nation's capitol, quite the whiteout there. 2 to 4 inches of snow expected to fall from southern illinois to new...
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Dec 30, 2012
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a very good morning to you. taking to the latest headlines on the fiscal cliff. i will run a few -- through a few of them for you. from "the daily news" -- also "l.a. times" -- i will take to "a "boston globe"" -- "the boston globe" -- the new york post -- the story i want to start with this morning is from politico. that line is -- senate leaders are headed into a critical sunday session of congress with a similar mission to avoid historic tax hikes, setting the stage for a high wire a final act of fiscal cliff negotiating just two days before the country is hit with a series of tough austerity measures. -- that again is from politico this morning. you're getting your thoughts, and we want to hear your message to congress on the fiscal cliff negotiations. the politico story mentioned what was happening on saturday evening on capitol hill. here is the washington post -- the washington post also offers a handy time line of what is set to happen today in the countdown to the cliff. at 1:00 p.m., the senate is set to reconvene. at 2:00 p.m., the house reopens. -- to
a very good morning to you. taking to the latest headlines on the fiscal cliff. i will run a few -- through a few of them for you. from "the daily news" -- also "l.a. times" -- i will take to "a "boston globe"" -- "the boston globe" -- the new york post -- the story i want to start with this morning is from politico. that line is -- senate leaders are headed into a critical sunday session of congress with a similar mission to avoid historic tax...
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Dec 27, 2012
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that's a look at the big board down 86 points, people not feeling good about the fiscal cliff. senate majority leader this morning said it looks like that is where we are headed, certainly investors don't like to hear that. the white house has said that the president has made separate calls to congressional leaders as he heads back to dc to try to deal with the deadline. >>> this morning the labor department reported a better than expected report on the number of jobless claims, 350,000 people filed for first time unemployment benefits last week. that's down 12,000 from the week before. most economists expect that to hold steady from the week before but they warn that decline may be blown up because government offices were closed monday and tuesday. >>> and more sign that the economy is improving. the commerce department said sales of new homes rose 4.4% in november. americans bought new homes at the fastest pace in more than two and a half years. they said demand was up more than 15% from a year ago. >>> consumer confidence has fallen because people are so worried about that f
that's a look at the big board down 86 points, people not feeling good about the fiscal cliff. senate majority leader this morning said it looks like that is where we are headed, certainly investors don't like to hear that. the white house has said that the president has made separate calls to congressional leaders as he heads back to dc to try to deal with the deadline. >>> this morning the labor department reported a better than expected report on the number of jobless claims,...
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Dec 31, 2012
12/12
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KRON
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goes over the fiscal cliff. >>> if nothing is done by midnight monday, mandatory tax hikes and spending cuts will kick in, impacting every american. elizabeth corridan is monitoring the situation and brings us the latest. --reporter pkg-as follows -- " as we gather with so much work undone, guide our lawmakers with your wisdom." the senate convened its rare sunday session with a prayer for progress. the house returned from its holiday hiatus. with less than 48- hours until the u-s economy goes over what's being called the fiscal cliff - lawmakers are locked in a fierce face-off over a set of spending cuts and tax hikes. >>> "we're apart on some pretty big issues." "i'm willing to get this done, but i need a dance partner." >> reporter: on n-b-c's meet the press, president obama made a final pitch for his plan to preserve bush era tax cuts for everyone but the wealthiest americans. >>> "regardless of partisan differences, our top priority has to be to make sure that taxes on middle class families do not go up that would hurt our economy badly." >> reporter: a major sticking point continu
goes over the fiscal cliff. >>> if nothing is done by midnight monday, mandatory tax hikes and spending cuts will kick in, impacting every american. elizabeth corridan is monitoring the situation and brings us the latest. --reporter pkg-as follows -- " as we gather with so much work undone, guide our lawmakers with your wisdom." the senate convened its rare sunday session with a prayer for progress. the house returned from its holiday hiatus. with less than 48- hours until...
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Jan 1, 2013
01/13
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KPIX
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. >> good morning, and happy new year. we begin with breaking news on the fiscal cliff. the senate approved the last-minute deal overnight, barely missing the deadline. the house could vote on it today. nancy cordes is on capitol hill with more this morning. nancy, good morning to you. >> reporter: good morning to you, terrell. happy new year. well there is one major hurdle left for this fiscal cliff deal that, is a vote later today in the house of representatives, perhaps as early as 1:00 in the afternoon. the senate voted well after the ball dropped in the early hours of the morning, passed overwhelmingly with lots of support from both sides. the final tally was 89-8. >> shouldn't have taken us this long to come to an agreement and this shouldn't be the model for how we do things around here but i appreciate the vice president's willingness to get this done for the country. >> reporter: vice president biden negotiated the deal with senate republicans over the weekend, but he also came to the hill last night to sell democrats on the plan some of whom thought there were
. >> good morning, and happy new year. we begin with breaking news on the fiscal cliff. the senate approved the last-minute deal overnight, barely missing the deadline. the house could vote on it today. nancy cordes is on capitol hill with more this morning. nancy, good morning to you. >> reporter: good morning to you, terrell. happy new year. well there is one major hurdle left for this fiscal cliff deal that, is a vote later today in the house of representatives, perhaps as early...
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Dec 26, 2012
12/12
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KTVU
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and just six days remain before our country goes over the fiscal cliff. here is more from our washington d.c. newsroom. >> reporter: brian is congress does not act taxes will go up on all americans next tuesday. they are scheduled to get back to work for tomorrow morning which is when president barack obama's flight returns from hawaii but many are pest mystic he will reach -- pessimist particular they will reach the deadline. it is the republican controlled householding out. house speaker john boehner wants increase for those making only 1 million a year. they say it's more likely we will go over the cliff than not. >> if we allow that to happen it will be the most colossal consequential act of congressional you are responsibility in a long time. >> reporter: some republicans are saying president barack obama will actually get his way if a fiscal cliff is not reached before the deadline, kyle la campbell, washington d.c. newsroom. >>> and in general delegations are not as crowded as the first ones. as many as 800,000 are expected to be there for the pres
and just six days remain before our country goes over the fiscal cliff. here is more from our washington d.c. newsroom. >> reporter: brian is congress does not act taxes will go up on all americans next tuesday. they are scheduled to get back to work for tomorrow morning which is when president barack obama's flight returns from hawaii but many are pest mystic he will reach -- pessimist particular they will reach the deadline. it is the republican controlled householding out. house...
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Dec 27, 2012
12/12
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KPIX
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drab holiday sales and investor concerns over the looming "fiscal cliff" pushed stocks down for a third consecutive day. the dow lost 24 points thursday. the nasdaq fell 22. asian stocks are higher this morning after china's industrial companies showed profits. tokyo's nikkei gained 1% to finish at a 21-month high. hong kong's hang seng rose half a percent. >>> president obama returns to washington for one final effort to avert the so-called "fiscal cliff." with just five days left until the deadline and no sign of a compromise, congressional leaders are urging the senate to consider a bill that's already passed in the house that would extend existing tax cuts. >>> the us treasury department says it will start taking steps to postpone the government from hitting the $16.4 trillion debt limit the money the government can spend to finance its operations. >>> toyota will pay the biggest sum of money ever recorded for a car defect. the proposed $1 billion settlement will resolve a class action lawsuit for hundreds of toyota owners who claim unintended acceleration problems caused numerous c
drab holiday sales and investor concerns over the looming "fiscal cliff" pushed stocks down for a third consecutive day. the dow lost 24 points thursday. the nasdaq fell 22. asian stocks are higher this morning after china's industrial companies showed profits. tokyo's nikkei gained 1% to finish at a 21-month high. hong kong's hang seng rose half a percent. >>> president obama returns to washington for one final effort to avert the so-called "fiscal cliff." with...
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Dec 26, 2012
12/12
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KTVU
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stand on the fiscal cliff. starbucks is telling workers and deliver in the washington dc area. >> and a television announcement that shocked the world. a defection in the syria government. . >>> tracking clouds and downpours this morning across parts of the bay area that limb pact the ride at least in the short term. here is the live camera. breaks in the clouds, we will take the updated look in just a few minutes. >> there is still a lot of work to do when it comes to the fiscal cliff. we are live in the washington dc bureau with the latest. >> reporter: if congress doesn't act immediately taxes will go up on all americans next tuesday. senate members are scheduled to get back to work tomorrow but there is no timetable for the house. many lawmakers pessimistic they will reach a deal. the president and the senate agreed to race taxes on houses making more than $250,000 a year. if the republican controlled house that's holding out. the house speaker wants a tax increase only for those making a million dollars or
stand on the fiscal cliff. starbucks is telling workers and deliver in the washington dc area. >> and a television announcement that shocked the world. a defection in the syria government. . >>> tracking clouds and downpours this morning across parts of the bay area that limb pact the ride at least in the short term. here is the live camera. breaks in the clouds, we will take the updated look in just a few minutes. >> there is still a lot of work to do when it comes to the...
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Dec 28, 2012
12/12
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KPIX
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cliff." ed payne tells us they only have four days. >>> reporter: in what's seen as a last-minute attempt to reach a deal, president obama meets at the white house with senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell and house speaker john boehner. they have only four days to reach an agreement or the u.s. economy will go off the so- called "fiscal cliff." that's when automatic spending increases and cuts would take effect. reaching a deal won't be easy because both sides are involved in a high stakes political blame game. >> we are here in washington working while the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president we would be happy to look at wah he proposes but the truth is we are coming up against a hard deadline and as i said this is a conversation we should have had months ago. >> report
cliff." ed payne tells us they only have four days. >>> reporter: in what's seen as a last-minute attempt to reach a deal, president obama meets at the white house with senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell and house speaker john boehner. they have only four days to reach an agreement or the u.s. economy will go off the so- called "fiscal cliff." that's when automatic spending increases and cuts...
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Jan 1, 2013
01/13
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KPIX
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the so-called "fiscal cliff." >> the bill as amended is passed. >> reporter: the senate voted 89-8 to avoid tax hikes for 99% of all americans. >> this shouldn't be the model for how we do things around here, but i think we can say we've done some good for the country. >> reporter: if the bill eventually becomes law, the bush-era tax cuts will be permanently extended for everyone making less than 400 thousand dollars a year and families making less than $450,000 a year. it will also keep the alternative minimum tax for the wealthy from hitting millions of middle class families. >> middle class families will wake up today to the assurance that their taxes won't go up $2,200 each. >> reporter: the senate agreement delays $110 billion in spending cuts that were due to kick in today, for another two months. but because the bill doesn't address spending, getting it passed in the house could be tougher. >> the fact that the president won't challenge his party on spending cuts is disgusting. the fact that we're not where we need to be on revenues is disgusting. it's just disgusting. >> repor
the so-called "fiscal cliff." >> the bill as amended is passed. >> reporter: the senate voted 89-8 to avoid tax hikes for 99% of all americans. >> this shouldn't be the model for how we do things around here, but i think we can say we've done some good for the country. >> reporter: if the bill eventually becomes law, the bush-era tax cuts will be permanently extended for everyone making less than 400 thousand dollars a year and families making less than...
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Dec 30, 2012
12/12
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CSPAN
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more on the fiscal cliff from this morning's "washington journal." host: our topic is the fiscal cliff. of we have done for last several sundays, we welcome the policy director for the concord coalition and a columnist for roll call newspaper. thank you for coming back. stan, as we stand on the edge of the fiscal cliff, is there any chance we do not go over? guest: we are relying on a senate that has been dysfunctional and avoided a filibuster when it will be really easy for one or more senators who do not like tax increases to just filibuster round and we are relying on a house that could not take the lead. it's important to state that while the official deadline is the 31st, the true this congress can continue to worked until the new congress comes in january 3rd. we have more like three days. host: joshua gordon, are we going over the cliff? what will it mean if we do? guest: in some sense, we will even if they reach a deal. this is something when you look at the contours' of the deal that have been talking about, there will still be a lot left fo
more on the fiscal cliff from this morning's "washington journal." host: our topic is the fiscal cliff. of we have done for last several sundays, we welcome the policy director for the concord coalition and a columnist for roll call newspaper. thank you for coming back. stan, as we stand on the edge of the fiscal cliff, is there any chance we do not go over? guest: we are relying on a senate that has been dysfunctional and avoided a filibuster when it will be really easy for one or...